True
As the name suggests, convenience products are made for people's convenience, and so it is not surprising to note that they must be in relatively high demand. This high demand for the product means that there is the possibility of running low in supply if the current available stock is not enough to meet the demands. Therefore, having these products in stock regularly and consistently can become a primary distribution concern indeed.
Nark is a SECONDARY consumer when he eats a hamburger. A secondary consumer is basically an organism that feeds on primary consumers. (The cow in this case) :)
Normally assets = liabilities + owner equity
What assets does the company have, i.e. cash on hand, equipment, accounts receivable?
Answer:
The correct answer is option c.
Explanation:
An entrepreneur is a person that starts a business. He assumes the financial risk of starting and running the business. Entrepreneurs are seen as innovators who introduce some new products, new method of production or new source of raw material.
They combine land, labor and capital to produce goods and services.
They are the ones who bear most of the risks and earn most of the rewards. The profit earned by entrepreneurs are considered a return for assuming risk.